Secured Creditors definition

Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

Secured Creditors shall have the meaning provided in the recitals of this Agreement.

Secured Creditors means, collectively, the Administrative Agent, the Collateral Agent, the Lenders, the LC Issuer, the Designated Hedge Creditors, the Cash Management Banks, each co-agent or sub-agent appointed by the Administrative Agent and/or Collateral Agent from time to time pursuant to Section 9.02, and the other Persons the Obligations owing to which are or are purported to be secured by the Collateral under the terms of the Security Documents.

Examples of Secured Creditors in a sentence

• This subclass of Secured Creditors includes creditors whose claims come from the agreement called “Revolving Facility Agreement”, entered into by means of a public deed dated September 27, 2022, granted at the Notary Office of Santiago of Xx. Xxxxxxx Xxxxxx Diez Xxxxxxx, under Repertoire No. 16,048-2022 (as amended from time to time), between Enjoy, as debtor, Banco Internacional, as creditor, and Inmobiliaria Kuden SpA, as guarantor and co-debtor (hereinafter, the “Bank Facility”).

• In accordance with the provisions of Article 61 of Law No. 20,720, this Judicial Reorganization Agreement (hereinafter, indistinctly, “Reorganization Agreement” or “Agreement”), contains a restructuring and payment proposal for: (a) Secured Creditors; and (b) Unsecured Creditors.

• None of the Secured Creditors shall be entitled to proceed directly against the Issuer unless the Trustee, having become bound to proceed in accordance with the terms of the Security Documents, fails or neglects to do so within a reasonable time and such failure is continuing.

More Definitions of Secured Creditors

Secured Creditors means the “Secured Creditors” as defined in the Security Documents.

Secured Creditors means the Lender Creditors and the Other Creditors.

Secured Creditors shall have the meaning set forth in the recitals hereto.

Secured Creditors means, collectively, the Lenders (including each Issuing Lender) and the Administrative Agent, any other holder from time to time of any of the Secured Obligations and, in each case, their respective successors and assigns.

Secured Creditors has the meaning provided in the Security Agreement.

Secured Creditors has the meaning set forth in the Recitals hereto.

Secured Creditors. “Required Lenders” or any similar terms shall, unless the context clearly otherwise indicates, include each of the Agents in their respective individual capacity. Each of the Agents may accept deposits from, lend money to, and generally engage in any kind of banking, trust or other business with any Credit Party or any Affiliate of any Credit Party as if it were not performing the duties specified herein, and may accept fees and other consideration from the Borrower or any other Credit Party for services in connection with this Agreement and otherwise without having to account for the same to the Lenders.